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$542,000

NAL Estimated Property Value

2011 Colonial Court, Richardson, TX, 75082

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0473-001-0590-1
Lot Number59
SubdivisionSpringpark West Third Addition (Crc)
Land UseResidential
Legal DescriptionSPRINGPARK WEST THIRD ADDITION (CRC), BLK 1, LOT 59
Census Tract031816
Assessed Land Value$135,000
Assessed Improvement Value$389,036
Assessment Year2025

About this property

Spectacular single story with its own caribbean style lagoon pool and backyard oasis! Bring your own parrot! Located on quiet cul-de-sac Sparkling diving pool with lush professional landscaping, raised spa and pergola for dining al fresco. This custom home has real wood floors, gray walls, a modern FP with tile to ceiling in large living room + additional living in the sunroom. The updated Master Suite features freestanding tub, split vanities, double sinks + cozy FP with gas logs. White cabinetry, black granite & stainless appliances in kitchen. Find large closets, spacious bedrooms. AC 2020, roof+ gutters 2016, pool resurfaced, storage shed. Adjacent to Sherrill Park Golf Course, minutes from 75 & Geo Bush

Investor Tools

Property Icon
$542,000
Estimated Property Value
$318,402Estimated Mortgage Balance
$223,598Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,252 /month
Positive
Cash Flow Estimate:
$1,084 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,017
$524,036
2025
$135,000
$389,036
$524,036
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,017
$524,036

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$350,000
No
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,402
$223,598
41%
59%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,530/mo
$2,099/mo
+$1,431/mo
7.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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2011 Colonial Court | Property Details | No Agent List